COURSE INTRODUCTION AND APPLICATION INFORMATION

Course Name
Auditing
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
BA 430
Fall/Spring
3
0
3
6
Prerequisites
None
Course Language
English
Course Type
Service Course
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives This class will cover auditing from both a theoretical and a practical perspective. Topics include generally accepted auditing standards, the changing role of the independent auditor in society, professional conduct and ethics, the auditor's reporting responsibilities, risk assessment, internal control, fraud, evidential matter and the global economy.
Learning Outcomes The students who succeeded in this course;
  • The students will be able to realize auditing profession in Turkey
  • The students will be able to understand the importance of materiality, fairness and reliability concepts for the audits
  • The students will be able to understand the application area of IT ( Information Technology) in auditing
  • The students will be able to understand the details and preparation process of audit reports
  • The students will be able to understand auditing process with its theory and application
Course Description Covers the framework of accounting auditing as an important part of the corporate governance and financial reporting process. Auditor independence, the phases of the auditing process, and the preparation of the auditing reports will be discussed.
Related Sustainable Development Goals

 



Course Category

 Core Courses
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Introduction
2 International Auditing Standards International Auditing Standardshttp://web.ifac.org/publications/internationalauditingandassurancestandardsboard
3 Auditing Function Lecture notes
4 Auditing Function Lecture notes
5 Independentauditor's responsibilities Lecture notes
6 Ethics and Auditing Lecture notes
7 Auditor’s reporting responsibilities. Lecture notes
8 Risk Evaluation Lecture notes
9 Internal Control Lecture notes
10 Fraud Lecture notes
11 Presentation: Sample Cases Group Presentations of the students
12 Presentation: Sample Cases Group Presentations of the students
13 Presentation: Sample Cases Group Presentations of the students
14 Presentation: Sample Cases Group Presentations of the students
15 Presentation: Sample Cases Group Presentations of the students
16 Review of the Semester  
Course Notes/Textbooks Lecture notes, powerpoint presentations, Group Presentations of the students
Suggested Readings/Materials Accounting, Auditing & Assurance Services: A Systematic Approach Irwin/McGrawHill; 3rd Edition (May 6, 2002),

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
30
Laboratory / Application
Field Work
Quizzes / Studio Critiques
30
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
-
Oral Exam
Midterm
Final Exam
1
40
Total

Weighting of Semester Activities on the Final Grade
50
Weighting of End-of-Semester Activities on the Final Grade
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
15
4
60
Field Work
Quizzes / Studio Critiques
5
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
Final Exams
1
37
    Total
145

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
 Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to acquire theoretical and practical knowledge and skills in the area.
2

To be able to approach problems with an analytical and holistic viewpoint.
3

To be able to gain knowledge about both national and international accounting and auditing standards.
4

To be able to communicate the findings and solutions to the accounting and auditing problems in written and oral formats.

5

To be able to critically evaluate the performance of accounting and other related management information systems, and organizations.
6

To be able to develop innovative and creative approach to real-life business issues.
7

To be able to integrate knowledge gained in the main areas of accounting and auditing through a strategic perspective.
8

To be able to act in accordance with the scientific and ethical values in studies related to accounting and auditing.
9

To be able to demonstrate both leadership and team-work skills through being an efficient and effective team member.
10

To be able to have an ethical perspective and social responsiveness when evaluating and making business decisions.
11

To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).
12

To be able to speak a second foreign at a medium level of fluency efficiently.
13

To be able to relate the knowledge accumulated throughout the human history to their field of expertise.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest